Lifeway row rumbles on as kefir maker accused of “blatant deception”

Edward Smolyansky – a Lifeway Foods shareholder and brother of the US company's CEO – has accused the kefir maker of “blatant deception” after the business pushed back at his bid to get a board seat. Last month, Edward Smolyansky, who has been critical of Lifeway's performance under his sister Julie, filed a proxy statement with the SEC, seeking board representation. The move, the filing read, was designed to end “long-running governance failures, value destruction and entrenched leadership practices” at ...